Yesterday's New York Times featured an uplifting article about David and Gina Giffels, who have been renovating their 1913 Tudor home in Akron for 12 years without the use of credit cards. Their only debt is the home's mortgage, under $100,000. Our favorite quote from the piece: "Their feeling, anachronistic as the servants' call button in their dining room, is that if you don't have the money for something, you don't buy it. It is for this reason that none of the six fireplaces in their house are functional: they do not have the money to fix them." More below.
David and Gina (a writer and a special education teacher, respectively) have never had credit cards, their salaries are not large, and yet they've managed to restore their home piece by piece with minimal help from contractors. David chronicled their labor of love in a book to be released by Harper Collins next month, All the Way Home: Building a Family in a Falling-Down House.